Country: New Zealand Page 27 / 28
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- May 14 2019
CBL Insurance’s owner placed into liquidation
CBL Corporation withdrew opposition to the filing on May 13.
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- May 13 2019
Cyber cover ramps up in Australia and New Zealand
More than a third of firms in the two countries have taken out cyber protection, according to BDO.
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- May 8 2019
Wellington’s mayor calls price hike summit
Expected negative price changes are worrying Wellington's residents.
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- April 10 2019
NAB seeks New Zealand life arm exit: report
National Australia Bank could be the latest Aussie firm to exit the market.
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- April 5 2019
New Zealand researches quake warning system
Earthquake Commission funding research that could save many lives.
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- April 1 2019
Failed New Zealand insurer yet to pay creditors
CBL, owner of New Zealand's former largest credit insurer, owes around US$118m to creditors.
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- February 11 2019
New Zealand battles worst bushfire for 60 years
Thousands forced to evacuate on South Island after worst wildfire since 1955.
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- December 11 2018
Gallagher’s buying spree continues with aviation broker
Purchase of specialist broker Boston Marks Group further expands Gallagher's global footprint.
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- December 3 2018
Singapore regulator reviewing life agents’ compensation: report
Scrutiny of incentives and commissions is being stepped up across the region.
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- November 29 2018
Tower falls to consecutive full-year loss
Troubled New Zealand insurer is edging back towards profitability.
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- November 21 2018
IAG and Suncorp welcome climate initiatives
The two insurers are taking steps to tackle climate change and improve energy efficiency.
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- November 19 2018
Approval granted for Cigna’s ANZ acquisition in New Zealand
Regulator has approved deal to buy ANZ's life business OnePath.
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- November 13 2018
Auckland High Court places insurer into liquidation
Restructure attempts fail meaning court hearing is abandoned for CBL Insurance.
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- July 3 2018
AIA completes deal for CBA’s NZ life insurance business
The net cash outlay by AIA is expected to be less than US$500m after the reinsurance arrangement.
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- May 31 2018
ANZ New Zealand sells OnePath Life to Cigna
The NZ$700m (US$484m) is part of the Australian company’s efforts to simplify its operations.
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- January 23 2018
IAG likely to move 141 jobs to the Philippines
The Australian group is reportedly shifting back-office jobs from New Zealand and Australia.
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- June 8 2017
Swiss Re appoints corporate solutions CEO for Australia, NZ
Melanie Slack will be responsible for managing strategy, development and performance.
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- June 5 2017
AIG Australia pullout worries aircraft owners, operators
The country's aircraft industry fears higher insurance premiums as a result of reduced competition.
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- July 28 2015
Young NZ adults embracing health insurance
Low-cost health insurance products encourages more New Zealanders aged 25-35 to take out health insurance policies.
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- July 21 2015
Tower names Richard Harding as new CEO
Harding joins New Zealand's Tower on August 17, having previously been CEO of Territory Insurance Office.
